BubbaGotBeatz, Brandz, Luh Kel + More Publisher Royalties

One beat earns in this asset twice. "Ten Toes," an instrumental BubbaGotBeatz released in December 2016, is the catalog's largest earner, at 31% of the last twelve months and up about 22% year over year, ten years after release. Ali Gatie built his July 2018 song "Remedy" on it. Two more songs carry the rest. Luh Kel's "Wrong" is the catalog's biggest earner across its life, past $103,000 since a TikTok dance challenge sent the April 2019 debut platinum. "Intro (Real Love)," from North London artist Brandz, is BRIT Certified Silver and supplies most of the 21% of income that comes from the United Kingdom

Across the trailing five years, the catalog’s compound annual growth rate is impressive at 13.13%. Three distributions in 2024 carried roughly $22,600 of back-period mechanical money for 2018 to 2020 plays that had gone unmatched. Removing those payments, the five trailing years run $15,405, $24,251, $22,625, $26,025 and $25,229. Four straight trailing years between $22,600 and $26,000, and four straight quarters between roughly $5,400 and $7,700. The last twelve months came in 3% under the prior twelve. A sign of stability on a nearly 8-year-old asset. 

This asset has passed the release-cycle earnings drop, found a floor and has held inside a narrow band for four straight quarters. That floor is supported by a platinum single, a certified British hit and a ten-year-old instrumental other artists keep recording over.

"Ten Toes" is a BubbaGotBeatz instrumental released through Republic Records on December 30, 2016. It circulated widely among rappers writing their own verses over it, and remains in use on short-form video today. Ali Gatie built "Remedy" on that instrumental in July 2018. Gatie is the Iraqi Canadian artist who won the 2020 JUNO Award for Breakthrough Artist of the Year. Both works are in this catalog and both pay.

"Wrong" is the April 2019 debut single from St. Louis singer Luh Kel. A TikTok dance challenge carried it to No. 1 on the Bubbling Under Hot 100 and No. 37 on Hot R&B/Hip-Hop Songs, and it was certified platinum. It leads his debut album Mixed Emotions. The April 2020 remix with Lil Tjay appears here as a separate work, and Kel's January 2025 release "Memories Of You" is also included.

"Intro (Real Love)" is the 2019 single from North London artist Brandz featuring Zion Foster, carrying a BRIT Certified Silver award. Brandz came up as half of the duo Tizzy x Brandz.

Lil Tjay's "Ready for War," from December 2018, rounds out the charting names. The remaining titles are BubbaGotBeatz instrumentals and smaller collaborations from the same stretch.
 

Earnings Note. 2Q24, 3Q24 and 4Q24 contain large catch-up payments (approximately $9,000, $7,000 and $7,000 respectively) from the MLC for 2018 to 2020 streaming mechanical royalties on "Wrong" and "Remedy." Any further catch-up payments are payable to the buyer.